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How to Buy Centerra Gold Stock

Centerra Gold Inc

Centerra Gold is a gold company located in Ontario, Canada, which is part of the Basic Materials sector, and is traded under the ticker CGAU on the NYSE exchange.

Centerra Gold stock last closed at $6.70, up 1.67% from the previous day, and has increased 8.94% in one year. It has underperformed other stocks in the Gold industry by 0.01 percentage points. Centerra Gold stock is currently +50.06% from its 52-week low of $4.47, and -10.79% from its 52-week high of $7.51.

At the moment, there are 214.36M shares of CGAU outstanding. The market cap of CGAU is $1.44B. In the past 24 hours, 393,863 CGAU shares were traded.

How to Buy Centerra Gold Stock

Wondering how to invest in Centerra Gold stock? Here's how.
  1. Choose where to buy Centerra Gold stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Centerra Gold stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Put funds into your brokerage account: Choose your method of payment and add your details.
  4. Analyze Centerra Gold stock: The Centerra Gold ticker symbol is CGAU. Is Centerra Gold stock a good investment? Should you buy shares of CGAU? How do CGAU's underlying business fundamentals look? Do top analysts think Centerra Gold is a good buy? Why has CGAU's stock price moved recently? (Hint: Our stock market research website can help you decide if CGAU is a good stock to buy).
  5. Execute your CGAU trade: Decide if you will purchase CGAU shares at the current market price or use a limit order to purchase CGAU shares at a particular price.
  6. Get notifications regarding your CGAU investment: Create a watchlist to watch your investment in Centerra Gold shares.

Step 1: Choose where to buy Centerra Gold stock

You need a brokerage account to access the NYSE market and buy CGAU shares.

A brokerage account is an investment account that enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

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Step 2: Sign up for your brokerage account

Now that you've selected the right brokerage, you need to fill out some personal information so you are able to invest in CGAU stock today.

How to Open a New Account on eToro

  1. Click here to get started.
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  2. Provide your personal info to start your new brokerage account.
  1. Send your details by clicking the "Create Account" button.
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Step 3: Put funds into your brokerage account

Now that you've filled out your info on a investment app, you can securely and quickly fund your account:

Watch the video below for more details transferring money into your new investment account.

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Step 4: Analyze Centerra Gold stock

After you have chosen the best place to buy Centerra Gold stock, it's absolutely critical to research their stock before you buy, so you actually wrap your head around the risk and opportunity.

Centerra Gold Metrics

CGAU Price
$6.70
1w %
-2.76%
1y %
8.94%
5y %
N/A
P/E
23.93x
P/B
0.84x
P/S
1.22x
PEG
0.64x
Revenue
$1.17B
Earnings
$58.60M
Fore. Rev. Growth
-2.59%
Fore. Earn. Growth
41.79%
Market Cap
$1.44B
Next Earnings
Aug 1, 2024
Next Dividend
N/A

Centerra Gold Due Diligence Checks

WallStreetZen was built to help everyday investors perform more accurate fundamental analysis.

You can view all of the due diligence checks on CGAU's stock page.

Is CGAU stock overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge CGAU's true value.

Using relative valuations methods:

  • CGAU may be overvalued based on its P/E ratio of 23.93x, relative to Gold industry P/E ratio of 9.7x
  • CGAU could be undervalued based on its P/B ratio of 0.84x, relative to Gold industry P/B ratio of 1.93x
  • CGAU could be undervalued based on its PEG ratio of 0.64x

You can access additional valuation analysis on CGAU's stock here.

CGAU Financial Health Summary

Passed Financial Due Diligence Checks:

  • CGAU earnings of $190.72M is not enough to cover its interest payments.
  • There are more short-term assets than short-term liabilities on the CGAU balance sheet.
  • CGAU profit margin has gone up from -30.7% to 5% in the past year.
  • CGAU's operating cash flow of $444.81M allows it to safely service it's debt of $0.00.
  • CGAU has a low debt to equity ratio of 0.35.
  • There are more short-term assets than long-term liabilities on the CGAU balance sheet.

Is CGAU stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 2 sell side analysts who research CGAU, the consensus analyst rating on Centerra Gold is a Buy

It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are forecasting on the Centerra Gold stock forecast page.

CGAU Technical Indicators

SMA10
6.85
SMA20
6.82
SMA50
6.87
SMA100
6.38
SMA200
5.91
MACD
-0.01
MACD Signal
0.01
MACD Histogram
-0.03
RSI
46.29
Stochastic %K
25.93
Stochastic %D
37.84
StochRSI %K
8.2
StochRSI %D
21.18

CGAU Growth Numbers

Last year, CGAU earnings were $58.60M. Over the past three year, CGAU's earnings have grown by -94.74% per year. This was slower than the Gold industry average of 1.26%.

Last year, CGAU revenue was $1.17B. During the last three year, CGAU's revenue has increased by 75.65% per year. This was faster than the Gold industry average of 14.2%.

You can research CGAU's earnings and revenue performance here.

Are CGAU executives and large shareholders buying or selling the stock?

Over the last 12 months, insiders at CGAU have not bought or sold any shares.

Get more info about who owns CGAU stock here.

Does CGAU provide a stable income stream?

No, Centerra Gold doesn't provide an income stream by paying out dividends.

What others are saying about CGAU

One of the major reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to find out what other traders have to say.

Step 5: Execute your CGAU trade

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a particular price, place a limit order.

Click the Open Trade button and eToro will execute your order.

If you require more info about investing in stocks on eToro, click the how to video below:

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Step 6: Get notifications regarding your CGAU investment

Now that you own some CGAU shares, you'll want to stay up-to-date on your new investment.

Make a watchlist to track your CGAU stock.

CGAU Feed

How to Buy Stock in Centerra Gold

To summarize, here are the 6 steps to buy stock in Centerra Gold:

  1. Choose where to buy Centerra Gold stock
  2. Sign up for your brokerage account
  3. Put funds into your brokerage account
  4. Analyze Centerra Gold stock
  5. Execute your CGAU trade
  6. Get notifications regarding your CGAU investment

If you need a place to buy stocks, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to watch your investment in Centerra Gold, hit the button below to create your watchlist.

NYSE: CGAU
$6.70+0.11 (+1.67%)
Updated Jul 22, 2024
Open eToro Account
NYSE: CGAU
$6.70+0.11 (+1.67%)
Updated Jul 22, 2024
Open eToro Account

FAQ

How much does it cost to buy one Centerra Gold share?

As of Jul 22, 2024, it costs $6.70 to buy one share of Centerra Gold stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.448 shares of CGAU.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Centerra Gold stock?

According to 2 Wall Street analysts who monitor Centerra Gold, their consensus recommendation is to buy Centerra Gold stock.

What is the best way to buy Centerra Gold stock?

One way to place an order for Centerra Gold stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.